News Detail

Date/Time
28 Feb 2019 17:12:00
Headline
Report on the Board of Directors' meeting resolutions, the date of the 2019 Annual General Meeting of Shareholders and the omission of dividend payment for the year 2018
Symbol
JTS
Source
JTS
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                Dividend payment / Omitted dividend payment

Subject                                  : Omitted dividend payment
Date of Board resolution                 : 28-Feb-2019
Omitted dividend payment from            :
    Operating period from 01-Jan-2018 to 31-Dec-2018
______________________________________________________________________

Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 28-Feb-2019
Shareholder's meeting date               : 25-Apr-2019
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 15-Mar-2019
meeting
Ex-meeting date                          : 14-Mar-2019
Significant agenda item                  :
  - Omitted dividend payment
Venue of the meeting                     : at Auditorium, 3rd Floor, Jasmine 
International Tower, No. 200, Moo 4, Chaengwatana Road, Tambon Pakkret, Amphoe
Pakkret, Nonthaburi 11120
Remark                                   :
[ TRANSLATION ]


Our Ref. JTS/CS-006/2562

February 28, 2019

Subject    :    Report on the Board of Directors' meeting resolutions, the date of the
2019 Annual General Meeting of Shareholders and the omission of dividend
payment for the year 2018
Attention    :    The President of the Stock Exchange of Thailand

The Board of Directors of Jasmine Telecom Systems Public Company Limited (the 
"Company") at the meeting No. 2/2019 convened on February 28, 2019 has passed
the following resolutions.

1.    The meeting has deemed it appropriate to propose the shareholders' meeting to
certify the minutes of the Extraordinary General Meeting of Shareholders No.
1/2019, held on February 26, 2019.

2.    The meeting has deemed it appropriate to propose the shareholders' meeting to
approve no allotment of the net profit as legal reserve as the Company's legal
reserve has reached the minimum amount required by law (10 percent of the
registered capital). At present, the Company's legal reserve is Baht
70,645,730.00. The meeting has also deemed it appropriate to propose the
shareholders' meeting to approve the omission of the dividend payment from the
operating result of the year 2018 to retain the profit for working capital.

3.    The meeting has deemed it appropriate to propose the shareholders' meeting to
approve appointing the following persons from EY Office Limited to be the
Company's auditor for the year 2019:-

1.    Mrs.Chonlaros    Suntiasvaraporn,     Certified Public Accountant Registration No. 
4523 or
    (She signed to certify the Company's financial statements for the years 
2016-2018, totaling 3 years)
2.    Mr.Supachai    Phanyawattano     Certified Public Accountant Registration No. 3930 
or
    (He signed to certify the Company's financial statements for the years 
2014-2015, totaling
2 years)
3.    Ms. Krongkaew    Limkittikul    Certified Public Accountant  Registration No. 5874
    (She has never signed to certify the Company's financial statements.)

In the event that those auditors are unable to perform their duties, EY Office 
Limited is authorized to assign another of its auditors to perform the audit and
 state the opinions on the Company's financial statements in their place.

The meeting has also deemed it appropriate to propose the shareholders' meeting 
to approve fixing the annual audit fee for the year 2019 at the amount of not
exceeding Baht 1,290,000.00 (One million, two hundred and ninety thousand Baht),
 excluding other expenses.

4.    The meeting has approved the retirement by rotation for the year 2019 of the 
Company's 3 directors namely, Mr. Raks Unahabhokha, Mrs. Nitt Visesphan and Mr.
Parinya Sahaphatsombut and the re-election of these directors to directorship
for another term. The meeting has deemed it appropriate that this matter be
proposed to the shareholders' meeting for approval. As for the directors'
remuneration for the year 2019, proposed at the amount of not exceeding Baht
4,000,000.00 (Four million Baht), the meeting has also deemed it appropriate
that the matter be proposed to the shareholders' meeting for approval.



5.    The meeting has approved fixing the schedule for the 2019 Annual General 
Meeting of Shareholders to be on Thursday, April 25, 2019 at 10.00 hrs. at
Auditorium, Jasmine International Tower, 3rd floor, No. 200, Moo 4, Chaengwatana
Road, Pakkred Sub-district, Pakkred District, Nonthaburi 11120. The meeting
agendas are as follows:-

Agenda 1    To consider certifying the Minutes of the Extraordinary General Meeting
 of Shareholders No. 1/2019, held on February 26, 2019;
Agenda 2    To acknowledge the Company's operating result for the year 2018;
Agenda 3    To consider approving the Company's financial statements, ended 
December 31, 2018;
Agenda 4    To consider the allocation of net profit as legal reserve and the 
dividend payment from the operating result for the year 2018;
Agenda 5    To consider an appointment of auditor and to fix audit fee for the year
 2019;
Agenda 6    To consider the election of directors to replace those who retire by 
rotation and fix the remuneration for the year 2019;
Agenda 7    To consider other issues (if any).

6.    The meeting has approved the Record Date to determine the names of the 
shareholders who are entitled to attend the 2019 Annual General Meeting of
Shareholders to be on Friday, March 15, 2019.


The invitation letter to the 2019 Annual General Meeting of Shareholders 
together with the documents for the meeting are posted on the Company website
(http://www.jts.co.th) on Monday, March 25, 2019.


Please be informed accordingly.

Sincerely yours,
Jasmine Telecom Systems Public Company Limited.


[Pleumjai Sinarkorn]
(Mr. Pleumjai Sinarkorn)
Chairman of the Board of Directors
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
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